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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (181)	12/3/1998 7:41:00 PM
From: Patrick Slevin	Respond to of 99985

The break of the weekly low met what I considered to be a target so now I'm awash in indecision. I would think the play now is to sell any Friday morning rally and look for a new weekly low then step aside in the afternoon as there could be a solid rebound or a complete dive. It's such a 50/50 play that if we were to pick correctly the point gain could be serious. But I really think it will be a coin flip. In any event, the morning should provide us with yet another weekly low. Just my guess, as usual.